Since 1950 the governments of Iraq have attempted vigorously to
develop the economy and have stressed industrial development. Here
Dr Ferhang Jalal discusses, analyses and appraises a number of
policies adopted by the government of Iraq designed to promote the
growth of the industrial sector. The policies were of two kinds:
the establishment of enterprises financed, constructed and operated
by the government; and the encouragement of the expansion of
private industrial enterprises through provision of finance, by way
of tax exemptions of all kinds, through controls over the
allocation of investment, and by protecting them from foreign
competition. The author discusses the extent to which investment
programmes formulated by planners were able to be implemented, and
analyses in detail the factors facilitating and those constraining
a more rapid rate of industrial growth.
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